The global handheld marijuana vaporizers market is expected to expand at a CAGR of ~19.0% during the forecast period of 2029.The increasing use of marijuana for medical purposes is driving the demand for laboratory testing services. The marijuana plant contains chemicals (cannabinoids) which helps to treat a range of illness such as HIV/AIDS, multiple sclerosis (MS) etc. Legalization of marijuana for medical usage by governments is further anticipated to boost the handheld marijuana vaporizers market. Furthermore, shifting trend towards the usage of vaporizers has increased the demand for handheld marijuana vaporizers. Handheld marijuana vaporizers are surging in popularity owing to its portable nature, discrete method of consumption, and convenience. In 2019, worldwide sales of handheld marijuana vaporizers, mostly contributed by conduction vaporizers saw an upswing, as compared to convection vaporizers.
Request Sample Report:
https://www.futuremarketinsights.com/reports/sample/rep-gb-11017
Stringent Government Regulations across Regions to Impede Handheld Marijuana Vaporizers Market
Strict rules and regulations related to marijuana usage in various countries is anticipated to be a restraining factor for the growth of the handheld marijuana vaporizers market. According to the American Civil Liberties Union, marijuana arrests account for more than half of all drug arrests in the United States. This restrains the growth of the handheld marijuana vaporizers market, particularly in the Middle East and some parts of Asia Pacific where it is banned. Besides, availability of low cost substitutes is also expected to impact the growth of the market during the forecast period.
Key Takeaways of Global Handheld Marijuana Vaporizers Market
“The demand for marijuana vaporizers will see a high growth owing to higher demand for concentrates. Sales of marijuana flowers may drop in the future but vaporizers’ sales will keep increasing as vape pens work with non-psychoactive CBD, concentrates, vape oil and dry herbs.” says the FMI analyst
Inquire Before Buying This Research Report: –
https://www.futuremarketinsights.com/ask-question/rep-gb-11017
Who is Winning
The report highlights some prominent players in the global handheld marijuana vaporizers market are Davinci Vaporizers, PAX Labs Inc., etc. Companies are investing in R&D to come up with innovative products in handheld marijuana vaporizers category. For instance,
More Valuable Insights on Handheld Marijuana Vaporizers Market
Future Market Insights, in its new offering, provides an analysis of the global handheld marijuana vaporizers market, presenting historical demand data (2014-2018) and forecast statistics for the period of 2019-2029. The global handheld marijuana vaporizers study reveals compelling insights on the basis of product (convection vaporizers, conduction vaporizers), charger type (USB, Micro USB), temperature control (fixed & variable), and sales channel (online, offline) across seven major regions.
Read Related Reports:
https://thegameoflife-de.mn.co/posts/22523868?utm_source=manual
https://network-66643.mn.co/posts/22523976?utm_source=manual
https://beyondher.mn.co/posts/22523978?utm_source=manual
https://synkretic.mn.co/posts/22523881?utm_source=manual
https://wecanchat.mn.co/posts/22523884?utm_source=manual
https://bipolarjungle.mn.co/posts/22523889?utm_source=manual
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery canters in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
Contact Us:
Future Market Insights,
Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
Overview and Scope Feedback and review management software refers to digital solutions designed to collect,…
Overview and Scope Membership management software is a specialized digital solution designed to streamline the…
Overview and Scope A smart home security camera refers to a device equipped with advanced…
Overview and Scope A simulated train is a computer-generated or virtual representation of a train…
Overview and Scope 3D printed wearables refer to devices or accessories produced using additive manufacturing…
Overview and Scope Fashion design software refers to computer programs or applications specifically designed to…